Dana — Feb 18, 2026 release

Bruce McDonald, Chairman and Chief Executive Officer. “These actions have reshaped Dana into a more focused, more resilient organization with improved margins and enhanced financial agility. In 2026, we remain on track to finalize the balance of our $325 million cost-reduction initiative and deliver adjusted EBITDA margins in the 10 to 11 percent range with a stronger balance sheet, a richer mix of higher-margin programs, a continued focus on disciplined execution and an ongoing commitment to significant capital return in the years ahead. All results are for continuing operations. Fourth-quarter 2025 Financial Results Sales in the fourth quarter of 2025 totaled $1.9 billion, compared with $1.8 billion in the same period of 2023. The improvement was driven by increased demand for our key light truck programs offsetting lower market demand for commercial trucks. Customer recovery and currency translation provided a further benefit. Adjusted EBITDA for the fourth quarter of 2025 was $208 million representing an 11.1 percent margin, compared with $84 million, or 4.7 percent, for the same period in 2024. Cost-savings actions and efficiency improvements were the primary drivers of the improvement. Operating cash flow in the fourth quarter of 2025 was $406 million, compared with $302 million in the same period of 2024. Adjusted free cash flow was $324 million, compared with $153 million in the fourth quarter of 2024.   1 Full